Indian refiners seek alternative crude sources amid US pressure on Russian imports, impacting global oil market dynamics.

Indian Oil Corp (IOC) Q1 net profit more than doubled due to increased marketing margins on retail fuel sales. Details inside.

Reliance Industries, a major buyer of Russian oil, is now purchasing fuel oil from Hindustan Petroleum Corp. This shift ...

Limited is celebrating withing what it called a landmark court case win against its ex-employee and void N5bn damages.

The provisional annual inflation rate based on the Wholesale Price Index (WPI) eased to (-) 0.58 per cent in July compared to ...

This marks a continuation of the deflationary trend, with the decline largely driven by falling prices of food articles, ...

The Court of Appeal in Abuja has ruled in favour of NNPC Limited, upholding the company’s appeal against a Federal High Court ...

The opening of the Dangote refinery in Nigeria has pushed down the country’s petroleum product imports. Bimco pointed out on ...

Oil prices came under pressure yesterday after bearish supply/demand forecasts for the market. There’s also plenty of ...

President Bola Tinubu has ordered a review of deductions and revenue retention practices by major federal revenue-generating agencies in the ...

Hayfever sufferers have been urged to use Vaseline on their window frames this week as pollen levels rise across the UK. With ...

Reliance Industries , India's biggest buyer of Russian oil, has in recent weeks made rare fuel oil purchases from state-run ...